Dangote to build $660m petroleum pipeline linking Ethiopia, Djibouti - Punch Newspapers

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Aliko Dangote (C) the President and Chief Executive Officer of the Dangote Group, addresses the audience during the Dangote Refinery's inital public offering (IPO) at the Nigerian Exchange Group in Lagos, NIgeria on September 14, 2026. Photo by TEMILOLUWA JOHNSON / AFP

Aliko Dangote (C) the President and Chief Executive Officer of the Dangote Group, addresses the audience during the Dangote Refinery's inital public offering (IPO) at the Nigerian Exchange Group in Lagos, NIgeria on September 14, 2026. Photo by TEMILOLUWA JOHNSON / AFP

Nigerian billionaire Aliko Dangote, Ethiopia and Djibouti are set to develop a $660m refined petroleum products pipeline linking the two East African countries. A spokesperson in the office of Ethiopian Prime Minister Abiy Ahmed disclosed this to Reuters on Thursday. The project will include a 120-kilometre pipeline, alongside storage facilities with a combined capacity of about 1.175 million cubic metres in Djibouti and Ethiopia. The spokesperson said the pipeline is expected to become operational within 18 months. Abiy said on X that the project would be developed through a partnership between Ethiopian Investment Holdings and Dangote Group.See more Punch stories on Google.Add Punch on Google The pipeline is expected to run between Damerjog in Djibouti, where about 375,000 cubic metres of storage capacity will be provided, and Dewele in Ethiopia, which will have about 800,000 cubic metres of storage capacity. Shipowners urge Dangote to support local fleet Dangote to support 2m women with refinery shares VIDEO: Davido joins Dangote at Times Square, New York, as refinery IPO hits Nasdaq Billboard The report said, according to Abiy, the project β€œaims to reduce logistics costs and delays along the Ethiopia-Djibouti transport corridor. Developers ​say the infrastructure ​will strengthen ⁠energy security and improve supply chain resilience for the two countries.” Abiy made the announcement during a visit to Djibouti, alongside Djiboutian President Ismail Omar Guelleh and Dangote. Dangote Group is already involved in several projects in Ethiopia, including a $4bn fertiliser pipeline and power plant, as well as a polypropylene packaging facility. Meanwhile, Dangote and the Kenyan government are expected to break ground next week for a new 700,000-barrel-per-day crude oil refinery in Lamu. The refinery project is another expansion of Dangote’s energy interests in East Africa. Okiki Adeduyite Okiki is a journalist with over seven years experience covering politics, foreign news, society, entertainment and the film industry.

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